200 E Division Street Ishpeming, MI $ 499,900
200 E Division Street
$ 499,900
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200 E Division Street

Ishpeming, MI, 49849
$ 499,900
Bedrooms-- Baths-- Sq 9,486

Monthly Estimate*

$ 3,119

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Commercial Property for sale in Ishpeming, MI

for $499,900. This 9,486 square foot building was built in 1900 on a lot size of 0.13.

Great investment opportunity in this large commercial/residential building in Downtown Ishpeming! This building features 3 store fronts currently occupied by the beloved Rare Earth Goods, Apiary Life Studio, and Bats Amore Used Books. There are secondary entrances in the front of the building and the back with staircases that lead to a common area space that includes 4 spacious 1 bedroom, 1 bathroom rental units. As well as 2 "dorm style" spaces (remodel potential for a fifth larger apartment out of these!) that share a private bathroom in the common area hallway. Further down the hallway you'll find a tenant-accessible wooden balcony for outdoor enjoyment steps outside of one's unit. The one-bedroom units have front entries with hallway closets, formal dining, living room, bedroom , full bathroom, and a kitchen. Some units have new appliances such as new fridge and oven. Further updates that were completed were a new high efficiency boiler, required developmental construction to the basement, previous owner replaced the windows and roof top solar panels were installed and help contribute over half of the buildings electricity needs. While there is no on-site parking, there is plenty of street parking and nearby city lots available for the winter parking for the tenants. All units besides the "dorm style" rooms are currently occupied.

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Commercial Active

Price

$ 499,900

Property Type

Commercial

Taxes

$ 0

Style

Commercial/Industrial

Lot Size

0.13

Year Built

1900

Town/City

Ishpeming

County/Region

Marquette

MLS | Web ID

50190002

Features
General
Heating Boiler Hot Water
Cooling Ceiling Fan(s) Heat Pump(s) Wall/Window A/C
Roof Rubber
Zoning CBD - Commerical/Business District Mixed Use Commercial Residential
Water Public Water
Status Active Active
Year Built 1900
Parking Off Site Parking Lot
Subdivision US Steel Corp Assrs 1 MI
Water Heater Gas
County Marquette
Township Ishpeming Township
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name Snowbelt Development
Ownership LLC
Municipality Ishpeming
Sale/Rent For Sale
Status Detail 0
Commercial Features 220 Volt Power Alley Cafe/Kitchen Carpet Restroom(s) Vinyl/Laminate Floors Wood Floors Smoke/Fire Alarm
Area Ishpeming (52013)
Primary City Ishpeming
Location Main Street Residential Area
Directions US 41 to Lakeshore Blvd Turns into Division. Property on SE corner of First and Division.
City Ishpeming
Financial Terms Cash Commercial Loan
Legal Description US STEEL CORP ASSESSOR'S PLAT #1 OF HARD ORE EXTENSION LOT 155.
DOM 77
Postal Code 49849
Price Per Sq Ft Total AG 52.7
Public Remarks Great investment opportunity in this large commercial/residential building in Downtown Ishpeming! This building features 3 store fronts currently occupied by the beloved Rare Earth Goods
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Exterior
Exterior Brick
Lot Size Area 0.13
Lot Dimensions 55x100
Water Features None
Roads Curbed Paved Street Year Round
Waterfront Y/N No
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Interior
Ceiling Height Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded Features
List By
DAWN FLORIO

Listing Agent

Re/Max 1St Realty

Broker

dawn@remax906.com

Email

Affordability Calculator

$3,119
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,119
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2025$499,900 Listed Price

Map


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200 E Division Street, Ishpeming, MI, 49849 is a Commercial Property for sale at $499,900 with 9,486 sqft and a lot size of 0.13. 200 E Division Street was built in 1900. The property's zip code is 49849 which is in Ishpeming, MI